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12-Unit Apartment Building
For Sale
$1,950,000

123 Brayhall Rd, Edenton, NC 27932

Three separate structures contain one- and two-bedroom homes with laundry closets in each apartment.

Property Size9,000 SF
Price / SF$216.67
Days on Market8

Property Features for 123 Brayhall Rd

General Information

Standard status Active
Size 9,000 SF
Property subtype Multi-Family

Units

Unit Mix 4 x 1BR, 2 x 1BR, 2 x 2BR
Multifamily Units 12
Parking per Unit 2

Amenities

cluster mailboxes

Building Details

Year Built 1995
Buildings 3
Listing Agency: Cindy Twiddy Realty
Listed By: Cindy Twiddy · License #174255
Source: Myhomesearchtriangle
Added: Oct 2 Changed: Oct 7 Last Checked: Oct 7 at 2:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cindy Twiddy Realty

Investment Insights

Based on property information with market context.

This 12-unit apartment property comprises three buildings of 3,000 square feet each, constructed in 1995. The unit mix includes eight one-bedroom apartments and four two-bedroom apartments. Each residence has a kitchen, living area, full bath, laundry closet, and wall-mounted heating and air conditioning. Eight apartments also have a patio or balcony at the rear. The property provides two parking spaces per unit, and each apartment has its own electric meter; water and internet are shared services.

The property is less than five minutes from Historic Edenton, where shopping, dining, and a public waterfront park are located. Cluster mailboxes serve the residents.

Key Highlights

  • 12 apartments across three 3,000‑square‑foot buildings
  • Unit mix: eight one‑bedroom and four two‑bedroom apartments
  • Two parking spaces per unit

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store Garden Center Big Box & Wholesale Store Spa & Massage Center Electronics & Wireless Store Car Rental Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 27932, NC

11,930
Population
6,550
Households
1.8
Avg Household Size
49
Median Age
25%
College-Educated
87%
High-School Grad
130.4 sq mi
ZIP Area
91
Density / Sq Mi
$54,962
Median Household Income
$31,782
Median Earnings
$790
Median Rent
$206,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three separate structures contain one- and two-bedroom homes with laundry closets in each apartment.
Where is this apartment building located?
The property is located at 123 Brayhall Rd Edenton, NC.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 12 apartments across three 3,000‑square‑foot buildings; Unit mix: eight one‑bedroom and four two‑bedroom apartments; Two parking spaces per unit
More about this property
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